Asian Stocks Plunge Amid Global and US Recession Fears
Global Markets Plunge Amid Middle East Tensions, US Fears Asian stocks traded in bearish territory on Monday, suffering losses as concerns about economic recession soured investor sentiment. Market participants fear that volatility will increase with tensions rising in the Middle East.
The euro index recovers while the yen hits a new high
The euro index recovers while the yen hits a new high The Euro index’s movement since the market’s opening last night was very volatile in the Asian session. Global instability, especially in the Middle East, caused the yen index to jump to
Hurricane Debby: Florida Faces Flooding and Storm
Florida Braces for Hurricane Debby Hurricane Debby is the 4th hurricane of the 2024 Atlantic season, following Tropical Storms Alberto, Beryl, and Chris, which formed in June. As it neared Florida on Sunday night, Tropical Storm Debby became a Category 1 hurricane,
EURGBP and EURCHF: EURCHF fell at a new all-time low
EURGBP and EURCHF: EURCHF fell at a new all-time low The bullish trend of EURGBP continued this week. During this morning’s Asian trading session, EURCHF fell to a new historical low at 0.92108. EURGBP chart analysis The bullish trend of EURGBP continued this week.
U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of Labor Statistics reported Friday that the U.S. added 114,000 jobs,
AUDUSD and AUDNZD: AUDUSD is losing ground below 0.64500
AUDUSD and AUDNZD: AUDUSD is losing ground below 0.64500 During this morning’s Asian session, we saw the initiation of a new bearish AUDUSD consolidation, which led to a new yearly low at the 0.63484 level. During this morning’s Asian session, the AUDNZD
The dollar index in a strong bearish trend for a long time
The dollar index in a strong bearish trend for a long time After four months, the dollar index again fell below the 103.00 level. Dollar index chart analysis After four months, the dollar index again fell below the 103.00 level. On Friday, we
USDCHF and USDJPI: USDJPI falls under pressure this morning
USDCHF and USDJPI: USDJPI falls under pressure this morning During this morning’s Asian trading session, USDCHF continued last week’s bearish consolidation. During this morning’s Asian session, USDJPY continued its bearish consolidation. USDCHF chart analysis During this morning’s Asian trading session, USDCHF continued last week’s
Pro-Israel interests pour millions into defeating a second “Squad” member
ST. LOUIS — The mail carrier arrived to deliver the attack ads at the same time Rep. Cori Bush (D-Mo.) arrived to dispel them. “He’s about to hand you some lies about me,” Bush said as the carrier handed a glossy
With voting under attack, Arizona schools don’t want to be polling locations
PHOENIX — For the first time in as long as anyone can remember, Arizona’s largest public school district isn’t opening its schools to voters as polling sites. The reasons have been building for years, but the final straw for Mesa Public